News and Views
Have you planned for retirement?

According to recent statistics 45% of business owners said that they wanted to retire before age 50. However only 7% of business owners had taken steps to plan their retirement beforehand. This planning is not just about ensuring that there will be enough income in retirement but planning the actual succession or sale of the business.

As CFS we can prepare an integrated plan not just taking into account income provision, working with your financial advisor, but also planning to minimise capital taxes liabilities on the eventual sale or passing on of the business. This can ensure that you approach the future with some certainty and without the worry that the long hours you put in will never end. Remember it is never too early to start planning.

To discuss retirement planning please contact Chris Wright.